International Genius Co (HKSE:00033) Inventory Turnover : 16.62 (As of Dec. 2023)

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What is International Genius Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. International Genius Co's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$101.2 Mil. International Genius Co's Average Total Inventories for the quarter that ended in Dec. 2023 was HK$6.1 Mil. International Genius Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 16.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. International Genius Co's Days Inventory for the six months ended in Dec. 2023 was 10.98.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. International Genius Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

International Genius Co Inventory Turnover Historical Data

The historical data trend for International Genius Co's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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International Genius Co Inventory Turnover Chart

International Genius Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Jun22

Jun23

Inventory Turnover

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7.84

2.84

10.85

22.49

32.14

International Genius Co Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	7.11	17.27	14.72	16.62

International Genius Co Inventory Turnover Calculation

International Genius Co's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	330.782	/ (	(10.884	+	9.7)	/	2 )
=	330.782	/	10.292
=	32.14

International Genius Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	101.208	/ (	(9.7	+	2.48)	/	2 )
=	101.208	/	6.09
=	16.62

International Genius Co (HKSE:00033) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

International Genius Co's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	6.09	/	101.208	*	365 / 2
	=	10.98

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

International Genius Co's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	6.09	/	102.855
	=	0.06

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

International Genius Co Inventory Turnover Related Terms

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International Genius Co (HKSE:00033) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » International Genius Co (HKSE:00033) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen's Road Central, Unit Nos 4202-05,42nd Floor, Cosco Tower, Hong Kong, HKG

Website

https://www.geniusi.com

International Genius Co, is an investment holding company mainly engaged in the trading of party products. The Company operates its business through six segments. The Party Products Trading segment is mainly engaged in the trading of party products. The Securities Brokerage and Asset Management segment is mainly engaged in the provision of securities brokerage and asset management services. The Lending Business segment is mainly engaged in the Provision of lending services. The Metals and Minerals Trading segment is engaged in metals and minerals trading. The Credit Guarantee Service and Investment Business segment are engaged in the credit guarantee service and investment business. The majority of revenue is generated from Securities brokerage and assets management.

Executives

Neo Tech Inc.	2201 Interest of corporation controlled by you
Ng Yu	2201 Interest of corporation controlled by you
Internet Finance Investment Co. Ltd	2101 Beneficial owner
Cheung Kwan	2101 Beneficial owner
Internet Finance Investment Company Limited	2101 Beneficial owner

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